KAYNES
Kaynes Technology India Limited (KAYNES) Stock Analysis
Kaynes Technology India Limited provides electronics manufacturing services and IoT solutions for aerospace, defense, and industrial clients. It builds PCB assemblies and systems for mission-critical applications. The company is a leading listed EMS player in India.
Technology › Electronic Components
₹3,520.00
+0.60% 1W | -53.20% 52W
Market Cap
23.7k CR
P/E Ratio
68.4
52W High
₹7705
52W Low
₹2995
Div. Yield
0%
Beta
-0.2
50 DMA
₹3598.1
200 DMA
₹3660.6
Profit Margin
8.9%
Inst. Own.
15.7%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 297 | 361 | 509 | 637 | 504 | 572 | 661 | 984 | 673 | 906 | 804 | 1,243 | 946 |
| Expenses | 257 | 312 | 439 | 542 | 437 | 490 | 567 | 817 | 560 | 758 | 685 | 1,049 | 798 |
| Operating Profit | 40 | 49 | 70 | 95 | 67 | 82 | 94 | 168 | 113 | 148 | 119 | 194 | 148 |
| OPM % | 14% | 14% | 14% | 15% | 13% | 14% | 14% | 17% | 17% | 16% | 15% | 16% | 16% |
| Other Income | 8 | 9 | 9 | 29 | 28 | 34 | 25 | 20 | 27 | 43 | 42 | 42 | 14 |
| Interest | 11 | 12 | 15 | 15 | 23 | 22 | 27 | 29 | 28 | 23 | 25 | 41 | 37 |
| Depreciation | 5 | 7 | 6 | 7 | 8 | 9 | 11 | 17 | 16 | 17 | 20 | 54 | 37 |
| Profit before tax | 32 | 39 | 58 | 102 | 64 | 85 | 81 | 142 | 96 | 152 | 116 | 140 | 88 |
| Tax % | 23% | 18% | 23% | 20% | 21% | 29% | 18% | 18% | 22% | 20% | 34% | 35% | 36% |
| Net Profit | 25 | 32 | 45 | 81 | 51 | 60 | 66 | 116 | 75 | 121 | 77 | 91 | 56 |
| EPS in Rs | 4.24 | 5.56 | 7.07 | 12.71 | 7.94 | 9.41 | 10.38 | 18.15 | 11.14 | 18.11 | 11.43 | 13.61 | 8.42 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 364 | 368 | 420 | 706 | 1,126 | 1,805 | 2,722 | 3,626 | 3,899 |
| Expenses | 328 | 325 | 378 | 611 | 956 | 1,548 | 2,305 | 3,048 | 3,290 |
| Operating Profit | 36 | 43 | 42 | 95 | 170 | 257 | 416 | 578 | 609 |
| OPM % | 10% | 12% | 10% | 13% | 15% | 14% | 15% | 16% | 16% |
| Other Income | 2 | 1 | 4 | 4 | 11 | 56 | 106 | 154 | 142 |
| Interest | 20 | 25 | 25 | 27 | 36 | 56 | 106 | 121 | 126 |
| Depreciation | 5 | 8 | 10 | 13 | 19 | 25 | 45 | 107 | 128 |
| Profit before tax | 14 | 11 | 11 | 59 | 126 | 232 | 372 | 504 | 496 |
| Tax % | 28% | 17% | 10% | 29% | 24% | 21% | 21% | 28% | |
| Net Profit | 10 | 9 | 10 | 42 | 95 | 183 | 293 | 364 | 346 |
| EPS in Rs | 14.26 | 13.94 | 13.79 | 9.03 | 16.37 | 28.68 | 45.80 | 54.28 | 51.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 48.0% | 54.0% | – |
| Profit CAGR | 51.0% | 104.0% | – |
Shareholding Pattern
Promoters53.52%
FIIs10.71%
DIIs22.39%
Public13.36%
Promoters53.46%
FIIs10.71%
DIIs23.66%
Public12.17%
Promoters53.46%
FIIs8.87%
DIIs16.73%
Public20.93%
Promoters53.46%
FIIs7.28%
DIIs15.13%
Public24.12%
Promoters53.46%
FIIs5.82%
DIIs11.78%
Public28.93%
Promoters63.57%
FIIs8.16%
DIIs12.96%
Public15.31%
Promoters57.83%
FIIs14.19%
DIIs18.36%
Public9.61%
Promoters57.75%
FIIs11.17%
DIIs16.98%
Public14.10%
Promoters53.46%
FIIs7.28%
DIIs15.13%
Public24.12%
Promoters53.46%
FIIs5.82%
DIIs11.78%
Public28.93%
KAYNES
Holdings Analysis
Key strengths & risk signals
62
Overall
83
Fundamental
42
Technical
Risks (4)
LOW MARGIN! 8.9% profit margin - thin profits.
POOR YEAR! Stock declined 53.2% in the last year.
WEAK POSITION! Current price (3520.0) is below both moving averages.
WEAK! Trading at 11.1% of 52W range - near yearly lows.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
NEUTRAL! RSI at 46.4 - balanced momentum.
MIXED MOMENTUM! Price growth is inconsistent - 0.6% (1 week), -3.6% (1 month), 8.2% (3 months).
Fundamental & Technical Analysis
62Overall
83Fundamental
42Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 47.7% (EXCELLENT, 15/15). Profit CAGR: 56.4% (EXCELLENT, 15/15).
Profit Margin
3/10
LOW MARGIN! 8.9% profit margin - thin profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.21 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.32 - strong balance sheet.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 15.35% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (3598.1) is below 200-day average (3660.6) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (3520.0) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
0/10
POOR YEAR! Stock declined 53.2% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 1,264,610 vs down days: 1,274,417. Ratio: 0.99x
RSI
3/5
NEUTRAL! RSI at 46.4 - balanced momentum.
52W Range
1/5
WEAK! Trading at 11.1% of 52W range - near yearly lows.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 0.6% (1 week), -3.6% (1 month), 8.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
KAYNES
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-12 | Concall PDF | |
| Q4FY262026-05-19 | Concall PDF | |
| Q3FY262026-02-12 | Concall PDF | |
| Q2FY262025-12-12 | Concall PDF |
Peer Comparison
Technology · Electronic Components · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KAYNES | ₹3,520.00 | 68.4 | 8.9% | 47.7% | 56.4% | -53.2% | 62 | BREAKDOWN | -24.4% | -38.2% | +40.5% | -23.9% |
| SYRMA | ₹1,617.70 | 83.6 | 6.7% | 32.8% | 38.6% | +86.1% | 85 | BREAKOUT | +101.4% | -1.1% | +68.3% | +8.4% |
| PGEL | ₹529.40 | 73.2 | 3.5% | 33.8% | 36.4% | -7.7% | 73 | BREAKDOWN | +13.7% | +17.4% | +35.2% | +18.5% |
| AVALON | ₹2,230.00 | 109.4 | 7.6% | 19.3% | 29.1% | +124.1% | 79 | CONSOLIDATING DOWN | +145.8% | -15.3% | +49.8% | +0.9% |
| KRN | ₹1,392.80 | 89.7 | 13.2% | 34.4% | 33.3% | +65.0% | 75 | CONSOLIDATING DOWN | +165.3% | +40.6% | +118.8% | +40.6% |
| CENTUM | ₹4,343.40 | 68.2 | 5.6% | 2.4% | – | +51.5% | 69 | BREAKOUT | +2,244.4% | +6,493.8% | +14.5% | -40.0% |
| IKIO | ₹205.80 | 36 | 7.2% | 18.4% | -8.9% | -7.3% | 66 | APPROACHING SUPPORT | +414.3% | -34.5% | +41.0% | +2.4% |
| MICEL | ₹34.00 | – | -5.5% | 220.5% | – | -48.8% | 55 | BREAKDOWN | +23.5% | -111.5% | +276.7% | -14.0% |
Data from TradeAlone · Updated daily
KAYNES News
Kaynes Technology India Limited (kaynes) Partners with Bosgame to Enter Indian Market2026-08-22Kaynes Technology India Limited Q1 FY27: Revenues Up 40% Yoy, Ebitda Grows 31%2026-08-07Kaynes Technology India Limited (KAYNES) climbs up 5% intraday2026-07-31Kaynes Technology India Limited (KAYNES) gains 10% intraday2026-07-29Kaynes Technology India Limited (KAYNES) gains 5% intraday2026-07-29Kaynes Technology India Limited (NSE: KAYNES) gains 5% intraday2026-07-09Kaynes Technology India Limited (NSE: KAYNES) gains 5% intraday2026-07-03
